Due to increased import tariffs for U.S. vehicles

(ANSA) - BERLIN - German automaker Daimler AG has lowered its
2018 earnings outlook, a change that it says is partly due to
increased import tariffs for U.S. vehicles in China.

The company said late Wednesday that it now sees fewer SUV
sales and higher costs at its Mercedes-Benz Cars division than
previously expected as a result of the tariffs, and "this effect
cannot be fully compensated by the reallocation of vehicles to
other markets." It added that earnings at the Mercedes-Benz Vans
division will be hit by the recall of diesel vehicles.